Which of the following is NOT a reason the Fed changes the rate of growth of the money supply?
A) to influence the amount of consumption B) to influence the amount of investment
C) to shift the demand for money curve D) to influence aggregate demand
C
Economics
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Refer to Figure 7.1. Suppose that instead of $350, Angus earns only $250 by playing the bagpipes, but all other earnings remain the same. Angus values playing the bagpipes at
A) $100. B) $150. C) $250. D) $600.
Economics
Which of the following is not a characteristic of the classical system?
a. temporary excess demand and supply in labor markets. b. Price flexibility c. Money wage flexibility d. real values, not nominal values, matter
Economics